National Life Insurance PLC
DDSE:NATLIFEINS90.70
BDT
+0.10
(+0.11%)
ISIN
BD0712NALI07
Return %
Stock
S&P 500
1Y
-9.93
14.20
3Y
-49.33
81.12
5Y
-60.50
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Kazim Uddin
- Full Time Employees
- 4,993
- Sector
- Finance
- Industry
- Life/Health insurance
- Address
- Dhaka Bangladesh
- IPO Date
- Jun 24, 1995
- Website
- nlibd.com
- Similar Companies
- Business
- National Life Insurance PLC is a Bangladesh-based financial services company primarily engaged in underwriting and distributing life insurance, retirement planning, and Shariah-compliant Islamic insurance solutions. Established in 1985 as the first private-sector life insurer in Bangladesh, the company is headquartered in Dhaka and serves individual, rural, and institutional clients through an extensive nationwide branch network, dedicated agency forces, and digital service channels. The company operates across multiple core business segments, offering a systematic portfolio of products and services: Individual Life Insurance, encompassing whole life assurance, ordinary endowment policies, multi-payment anticipated endowments, child education and protection plans, single premium policies, and pension schemes; Islami Takaful Solutions, comprising Shariah-compliant financial protection and savings plans such as Deposit Pension Scheme (DPS) Takaful, one-, three-, and four-payment endowment Takaful, Hajj Bima, and Denmohor Bima; Microinsurance and Rural Schemes, consisting of low-cost financial security products such as Janabima, Lokobima, and monthly savings insurance tailored to low-income, semi-urban, and rural populations; Group Insurance and Corporate Solutions, providing group term life, group hospitalization and medical coverage, employee disability benefits, and group gratuity management; and Policyholder Financial Services, including policy loans backed by cash surrender values, supplementary accidental death and total permanent disability riders, critical illness coverage, and digital account management through the National Life BD mobile application and online portal. In recent operational and strategic developments, National Life Insurance PLC has expanded its distribution channels through the implementation of bancassurance operations following regulatory frameworks established by the Insurance Development and Regulatory Authority and Bangladesh Bank, establishing distribution and employee training alliances with commercial banks such as Prime Bank PLC. The company has also expanded institutional agreements, including a strategic partnership with National Bank PLC to deliver accidental death and life protection coverage to credit card customers, alongside corporate payroll banking collaborations. Furthermore, National Life Insurance PLC continues to advance its digital transformation by upgrading its National Life BD digital application to facilitate real-time policy administration, digital claims submission, and multi-channel electronic premium payment integration across mobile and retail banking networks.